REAL FX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://realfxcryptotrade.com/?a=signup, about the company's legal and temporary regulatory information, the company's address .
Real Fx, officially known as Tech Real Fx Ltd, was established approximately 5 to 10 years ago. The company is headquartered in Hong Kong, and operates as a private entity. Real Fx primarily serves retail traders interested in foreign exchange (forex), commodities, and contracts for difference (CFDs). Over the years, Real Fx has sought to provide a platform for individuals looking to engage in the forex market, offering various trading instruments and account types.
The company has developed a reputation for offering high leverage options, which can appeal to traders looking to maximize their potential returns. However, it has also faced scrutiny due to its unregulated status, raising concerns about investor protection and operational transparency. The business model of Real Fx focuses on retail forex trading, aiming to attract a diverse clientele by providing access to various financial instruments.
The evolution of Real Fx has included the introduction of multiple account types, competitive trading conditions, and the adoption of the widely used MetaTrader 4 (MT4) trading platform. Despite its offerings, the lack of regulatory oversight has led to questions regarding the safety and reliability of trading with this broker.
Real Fx operates without any regulatory oversight from established financial authorities. This absence of regulation poses significant risks for traders, as there are no protections typically provided by regulatory bodies. The lack of a valid regulatory license raises concerns about the safety of client funds and the potential for unethical practices.
The company does not disclose any specific regulatory numbers or licenses, indicating that it does not adhere to the compliance requirements set forth by recognized agencies. Furthermore, there are no indications of customer fund segregation policies or participation in investor compensation schemes. The absence of Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures further exacerbates the risks associated with trading on this platform.
Traders should approach Real Fx with caution, as the lack of external oversight means there is no recourse for disputes or unfair trading practices, potentially exposing them to higher risks.
Real Fx offers a variety of trading products, including a range of forex currency pairs, commodities, and CFDs. The broker provides access to major currency pairs such as EUR/USD, GBP/USD, and USD/JPY, among others. Additionally, Real Fx includes commodities like gold and oil in its product offerings.
The broker's CFD offerings span various asset classes, allowing traders to speculate on price movements without owning the underlying asset. However, specific details regarding the number of available forex pairs and the categories of CFDs are not extensively disclosed.
Real Fx claims to update its product offerings periodically, but the exact frequency and nature of these updates are not specified. The platform primarily targets retail clients, though there is no mention of services tailored for institutional clients or white-label solutions.
Real Fx supports the popular MetaTrader 4 (MT4) trading platform, known for its user-friendly interface and robust analytical tools. The MT4 platform allows traders to execute trades, analyze market trends, and utilize automated trading strategies through Expert Advisors (EAs).
While the broker does not appear to offer a proprietary trading platform, the MT4 platform is widely recognized and trusted within the trading community. Real Fx also provides mobile trading capabilities, enabling users to manage their accounts and execute trades on the go through compatible mobile applications.
The execution model employed by Real Fx remains unclear, as there is no specific mention of whether it operates on an ECN (Electronic Communication Network), STP (Straight Through Processing), or Market Making basis. Additionally, details regarding the server locations and technical infrastructure supporting the trading environment are not disclosed.
Real Fx does not provide information on API access or support for automated trading beyond what is available through the MT4 platform.
Real Fx offers two primary account types: Standard and ECN (Electronic Communication Network) accounts. The minimum deposit requirement for a Standard account is $100, making it accessible for new traders. The ECN accounts, however, do not have a specified minimum deposit requirement.
The trading conditions for the Standard account include a commission structure where users are charged a commission of $8 per lot traded, while ECN accounts may have variable spreads. The leverage offered by Real Fx can go up to 1:500, allowing traders to control larger positions with a smaller capital investment.
The broker does not provide detailed information about overnight fees or specific minimum trade sizes for different instruments, which could affect trading strategies.
Real Fx supports various deposit methods, including bank transfers, credit cards, and electronic wallets, although specific details regarding the payment methods are not fully disclosed. The minimum deposit requirement varies by account type, with the Standard account starting at $100.
Deposit processing times are not clearly outlined, but traders should expect standard banking delays. Information regarding deposit fees is also limited, raising concerns about potential hidden costs.
For withdrawals, Real Fx indicates that there are restrictions on withdrawal amounts, specifically stating that amounts less than $200 cannot be withdrawn. The processing time for withdrawals may vary depending on the method used, but specific timeframes are not provided. Additionally, the broker does not clarify its fee structure for withdrawals, which could lead to uncertainties for traders.
Real Fx offers customer support through various channels, including phone and email. The contact number for English support is +44 203 868 8017, and inquiries can be sent to support@trealfx.com. However, the broker does not offer live chat support, which may limit immediate assistance for traders.
The service hours for customer support are not explicitly stated, but it is generally expected to align with trading hours. Real Fx claims to support multiple languages, although specific languages available for customer support are not detailed.
In terms of educational resources, Real Fx appears to provide limited offerings. There is no mention of webinars, tutorials, or comprehensive training materials, which are often essential for traders looking to enhance their skills and knowledge. Additionally, there is no indication of market analysis services or trading tools that could assist traders in making informed decisions.
Real Fx primarily targets clients in Hong Kong and other regions, but specific information regarding its market coverage is not extensively detailed. The broker does not disclose the locations of regional offices, which could affect its accessibility for international clients.
However, it is important to note that Real Fx does not accept clients from certain countries, particularly those with stringent regulatory frameworks. This includes regions where financial regulations prohibit unregulated brokers from operating. The lack of transparency regarding operational restrictions may deter potential clients who seek reliable and compliant trading environments.
In conclusion, while Real Fx offers a range of trading products and services, the notable absence of regulatory oversight and transparency raises significant concerns for potential traders. The risks associated with trading on unregulated platforms underscore the importance of conducting thorough research before engaging with brokers like Real Fx.
嗯22331
New Zealand
I found REAL FX when I was looking for a cryptocurrency company before, so I opened a demo account on its website after comparing various trading conditions. Later, because I suddenly became very busy, I stopped trading. I suddenly remembered it today, but found that the website could no longer be opened...
Positive
2023-03-15